For Lease · Retail

113 W 49TH AVENUE, Vancouver

113 W 49TH AVENUE, Vancouver, BC V5Y2Z7

Price on request

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

89%

About this property

Brand New Retail unit for Lease on the busy W 49th Ave. directly across from Langara college. Lots of foot traffic in the area and great exposure with a bus stop in front. Residential units above the retails, more and more new residential homes completion is coming in the next couple of years. Don't miss the opportunity starting your business in this area! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

52,218

Households

21,962

Median income

$76,000

Median age

41.5

Daytime population

68,840

5-yr growth

4.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 113 W 49TH AVENUE, Vancouver.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.